OTHER INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Other Investments [Abstract]

Disclosure of amounts recognised in the annual financial statements

The amounts recognised in the annual financial statements in this respect are as follows:

	2021			2020
	US$’000			US$’000
Recognised asset at 1 January		3,150			-
Allocation of 40% of the Pension fund surplus		-			3,150
Recognised in other comprehensive income in the current year		835			-
Translation		(255	)		-
Present value of other investment at 31 December		3,730			3,150
The principal actuarial assumptions applied in the determination of fair values include:
Discount rate (p.a.)		13.7	%		13.7	%